$XRP /USDT Short Trade Setup 🔥
Current Price: $2.3531
Entry Zone: $2.33 – $2.36
Resistance: $2.40 – $2.45
Targets:
🎯 TP1: $2.20
🎯 TP2: $2.10
🎯 TP3: $2.00
Stop Loss: $2.47 (Above key resistance)
Market Context:
XRP is facing strong resistance around $2.40 – $2.45. A failure to break above this zone could trigger a bearish move with a potential drop to support levels.
📉 Risk Management: Limit your risk to 2-3% per trade and ensure you set your stop-loss accordingly to avoid unnecessary losses if the market moves against you.
💡 Pro Tip: Watch for a reversal pattern, such as a double top or bearish engulfing candle, near resistance. High volume on a rejection can confirm a solid short entry. 🚀
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